James Glass: A family affair made Studebaker successful

5:37 PM,
Oct. 5, 2012

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In the 19th century, it was common for brothers to start businesses together. There were natural advantages, at least in those families in which siblings got along well, including an element of trust, a pooling of resources and an acceptance of the ups and downs of business life. The Studebaker brothers of South Bend exemplified such an arrangement. Five of them founded the most successful wagon-building company in the United States, and that firm became one of the leading automobile manufacturers of the 20th century.

In 1852, the two oldest brothers -- Clem and Henry -- started a small wagon ...